YouSaid · the spoken record
Brett Goldstein
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- 61
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- 2016-05-17
- most recent
- 2016-05-17
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- 1
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“They are literally implementing a hub and spoke distribution model. They're going to freehold farmers in Africa. They're doing long-term supply contracts. They're shipping overnight because you don't want to ship during the day.”
2016-05-17 · a16z Podcast · a16z Podcast: The Art of the Regulatory Hack · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, totally. India is another example of that. And so that is many, many, many, many tens of billions of dollars in commerce. But it's extremely fragmented. There is no data on it. And it's incredibly inefficient supply chains. So if you are the little vendor that's selling stuff on the street corner, you literally have to wake up at four in the morning with a sack and you and a bunch of your friends either rent a taxi or you get in these informal bus networks. You go to the wholesale market, you fill your bag up with as many things that you think you can sell that day. You drag your bag back, you open your stand at seven in the morning, and you sell what you can sell during that day. And by the way, you're carrying cash with you the whole time. And if you get robbed, you're hosed. So that's a massive market giant problem. So what Twig is doing, the co-founders actually came out of like logistics and supply chain and they studied this problem.”
2016-05-17 · a16z Podcast · a16z Podcast: The Art of the Regulatory Hack · IDENTIFIED FROM THE TRANSCRIPT · source
“Much more broadly, we're not really even at the point yet where we can start to apply all these amazing advances in AI and all this kind of stuff to healthcare because we still haven't really created that decision layer on top of the billions that have been spent on EMRs. So it's healthcare, it's energy, water, food, all of the sort of ways in which we use resources and apply those cities and transportation. You look at Lyft, you look at Uber, and those are just sort of the tip of the iceberg around how we have to really transform the way cities operate.”
2016-05-17 · a16z Podcast · a16z Podcast: The Art of the Regulatory Hack · IDENTIFIED FROM THE TRANSCRIPT · source
“And like every step in the process, I'm looking, it's still on paper and it's still asking me all the same questions and it's like, do you have any drug complications? I'm like, how the hell do I know? Shouldn't you by this point know that stuff? And that's not even, we can dig deep into healthcare, but those are just the surface level issues we see.”
2016-05-17 · a16z Podcast · a16z Podcast: The Art of the Regulatory Hack · IDENTIFIED FROM THE TRANSCRIPT · source
“I mean, like it's amazing to me. I fell on my bicycle and split my eyebrow open. I went to the same urgent care place I go to whenever I'm sick, which is like once a year. And I went there and I have like blood flowing down my face. And they're like, great, could you fill out this form with your name and information? I'm like, I've been here like 10 times before.”
2016-05-17 · a16z Podcast · a16z Podcast: The Art of the Regulatory Hack · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, so we think about how are we educating not just our children, but what do you do with that 35-year-old who frankly went through got a college degree, suddenly finds that their skill set, everything they learned is just no longer appropriate to a radically and rapidly changing economy, the delivery of healthcare is massive and probably the most active sector we see. And, you know, there's the far out science fiction stuff, but just go to your doctor's office. It's insane.”
2016-05-17 · a16z Podcast · a16z Podcast: The Art of the Regulatory Hack · IDENTIFIED FROM THE TRANSCRIPT · source
“We actually have a network that we built globally called the Startup Federation, of which I have as a member. And so for us, IABS filling an incredibly important centralized role in helping to organize and create energy and celebrate and deliver that content entrepreneurs in Africa, we shouldn't be doing that. We want to be finding really promising early stage companies that we think we can offer really unique help to and then supplement that what IHEB is doing and support them through the 1776 network. And that is, back to your question, Michael. So, you know, our number one thesis is that the giant investment opportunities of the next 20 years are not going to look at all like the last 20, right? It's not going to be nearly as much lightweight social, and maybe someone's going to invent the next way after Snapchat and Instagram to share photos, but at a certain point it feels like you're getting into really incremental improvements and you got to be so sharp on your game. If you want to be doing that, whereas you walk”
2016-05-17 · a16z Podcast · a16z Podcast: The Art of the Regulatory Hack · IDENTIFIED FROM THE TRANSCRIPT · source
“For us, almost half of our members are fully virtual. They don't work from one of our physical spaces. As that element's grown, it's continually forcing us to put more and more of the community building and the interaction through virtual platforms. And so at this point, even if you're on one of our campuses, your primary experience is as much online as it is offline.”
2016-05-17 · a16z Podcast · a16z Podcast: The Art of the Regulatory Hack · IDENTIFIED FROM THE TRANSCRIPT · source
“We have physical space four blocks from the White House. We have a physical space just down from the Pentagon. We actually have one in San Francisco. And our members take advantage of that. But the primary experience was actually much more access to mentors, access to experts, curriculum, really trying to teach them how do you validate and scale ideas in these really nasty complex sectors we focus on and helping them make connections for them.”
2016-05-17 · a16z Podcast · a16z Podcast: The Art of the Regulatory Hack · IDENTIFIED FROM THE TRANSCRIPT · source
“I think at this point, we sort of hate both terms because they create these very iconic in general, particularly when you're looking at it globally. Accelerator programs tend to be someone writes a small check. It's a structured 90-day program usually. At the end, you have a demo day, you graduate, you move on, and there may be some sort of alumni support. Y Combinator would be the archetypal accelerator. Incubators, particularly in Europe or parts of Asia, are tend to be much more about sort of a physical space. And it's a physical space with some community and some value add and some elements to it. So we don't really refer to ourselves as either because an awful lot of what we do is virtual. We have members all over the world.”
2016-05-17 · a16z Podcast · a16z Podcast: The Art of the Regulatory Hack · IDENTIFIED FROM THE TRANSCRIPT · source
“Yep. Yep. So we have curriculum. We have mentor networks. We have expert networks. And we have a venture fund. But we also do a lot of work with corporations and institutions and municipal governments that are sort of trying to drive their innovation strategies. And then we do a lot of policy work. And we really try to work with governments in that sense.”
2016-05-17 · a16z Podcast · a16z Podcast: The Art of the Regulatory Hack · IDENTIFIED FROM THE TRANSCRIPT · source